Good evening,
 
 

Good evening,

The buy now, pay later sector went gangbusters on Thursday.
Afterpay, Splitit and Zip all posted big gains on not much news but none came close to Sezzle, which rocketed up more than 40 per cent to $6.95.

Tonight we take a look at how this trading is giving Sezzle and its broker, Ord Minnett, a serious headache. The pair are in the midst of stitching up a capital raising and after Thursday's trade, pricing the deal just got that much harder.

Meanwhile, we've got the scoop on which Aussie buyout fund is looking to offload its stake in a pharmaceuticals business.

And finally, we take a look at one of the biggest fundie FY20 returns we've come across and have an update on the sale of OPTrust's Aussie bus business.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors

 
The Australian Financial Review
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